RENEWCONNECT - All about renewables & power sector

Indian Union Budget: An exercise carried out by the central government every financial year, to estimate the revenue and expenditure for the forthcoming financial year. Every year 1 st February, the union budget is released since 2017. The first union budget is released by RK Shanumukhan Chetty on 26 th November 1947. Key highlights of budget 2023 (SAPTRISHI) 07 key budget priorities for FY2023-24 Inclusive Development Reaching the last mile Youth power Financial Sector Green Growth Unleashing the potential Infrastructure and investment Green Growth To be established under GOBARdhan (Galvanizing organic Bio Agro Resources Dhan) Scheme for promoting circular economy; (200 - biogas plant and 300 community/ Cluster based plants) with an investement of INR 10,000 Crs. natural farming press trust of India. Promotion of battery energy storage systems Promotion of constal shipping energy efficient transportation Funds to be allocated for replacing old polluting vehicles Tax proposal - S...

Honda is one of the popular brands in the Indian automobile industry. with the Activa petrol scooter with multiple versions, the company is come up with an electric version which Indian consumers are awaiting for the same. Apart from their plans to launch the electric vehicle in the Indian market, some of the key points are strong enough for Honda can capture a great EV market share in the country. Kinetic Honda is the predecessor for Honda Activa which was a big hit in 90s.  Year wise Activa Models released by Honda:  2001,  2002,  2007,  2008,  2009,  2018,  2019,  2020,  2021 Some of the key advantages for Honda can be a great EV market giant compared with startups and OEMs due to the following: Charging facilities in service stations: As Honda has 334+ service stations [1] across various states in India, the majority of them are bigger compared to other two-wheeler service stations. So a large charging infrastructure network and fa...

It’s become a saying that government would be better if it were only run by private-sector managers using standard business practices. Now after compiling the activities of both government and private sector managers and with the insight of the Department of Energy we are able to point out 25 different reasons why government management and business management are not the same.   The size, dollar value, and complexity of many government programs exceed that in the private sector. The government has fewer measures of progress or success than the private sector, although that is changing as a result of the Government Performance Reform Act requirements. Spending on a program is not equivalent to progress. The private sector has profit as a clear-cut measure. Most individuals join private sector organizations with the expectation and hope that they will have an opportunity either to earn Significant amounts of money or to be t...

As per the Indian rules and regulations, any renewable energy company is mandatory to maintain the following list of legal registers, Misprovision and has to be updated with the amendments as per the Integrated Management System (IMS) under ISO standards. The Factory Act Air Pollution and Control of Pollution Act Environment Protection Act Hazardous Waste Rules Central Motor Vehicle Rules 1989 Public Liability Insurance Act Water Cess Act Indian Electricity Act 2003 Noise Pollution Rules Child Labour Act Contract Labour Act Employee Provident Fund and Mis provision Act Equal Remunerations Act 1976 Income Tax Act Payment of Gratuity Act Trade Union Act Minimum Wages Act Payment of Wages Act Employees Compensation Act Industrial Disputes Act Weekly Holiday Act E-waste Rules Energy Conservation Act 2001 Battery Management Rules Plastic Waste Rules Water Preservation and Control of Pollution Act Gas Cylinder Rules Bio-Medical Waste Rules Information Technology Act Private Security Agencies...

The renewable energy power market is a platform to buy and sell electricity generated from different renewable resources like solar, wind, hydro, biomass, geothermal, nuclear fusion, etc. These sectors involve various stakeholders like RE developers, utilities, consumers, think tanks, research-consulting, and regulatory bodies. Renewable Energy Power Markets are similar to the regular power markets, with the focus on the renewable regular grid which is gradually converting into a Renewable Energy Grid across the globe. The world "Renewable Foot Prints" is increasing day by day. But still much more to be done with the quantum of the pollution spread and timeline we have. Some of the Renewable Power Markets that support in minimization of carbon emissions with the following platforms are as follows: Renewable Energy Certificates (RECs) International RE Trade Performance Achieve Trade (PAT) Clean Development Mechanism (CDM) Scope 1, 2 and 3 Sustainable Development Goals (SDGs...

Green Horizons: Pioneering Sustainable Waste Management Trends in 2024. Some of the Key trends shaping the waste management landscape with Circular Economy Initiatives are as follows:  Companies increasingly embrace principles that prioritize the reduction of waste through reusing and recycling materials. Year on year there should be an increase in percent of more utilization of recycle materials and minimize the waste generation. Companies are focusing on sustainable product design, thus creating durable and recyclable items that have an extended lifespan and can seamlessly re-enter the production cycle.  Businesses are adopting innovative strategies such as offering products as a service or implementing take-back schemes.  Advanced Recycling Technologies:  Innovations in recycling technologies are gaining momentum.  AI-powered sorting systems will make recycling more accessible, cost-effective and much simpler in sorting the things or items Advancements to le...

From the history to the present, this article will tell you about the development of the Indian power sector started from the 18th century to the 20th century and the future. . . . After the change in reforms in many countries there is a huge difference in the development of the power sector in their respective countries. Initial reforms change over took place in "Argentina Reforms", one of the famous reforms that took place across the world.  Some of the major changes and developments took place in Indian Power sector history are as follows: 1897: First Hydel Plant 1899: First Steam Plant 1901: Indian Electricity Act 1948: Electricity Supply Act (States empowered with Generation, Transmission & Distribution) 1951: Central Electricity Authority (CEA) formed 1955: State Electricity Board (SEB) and Regional Electricity Board (REB) formed Note: from 1948 to 1955, integration of district-level power transmission and distribution took 1969: First Nuclear Power Plant, Tarapur, ...